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as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be putting the two asian giants on a collision course because of the mess that nationalism the indian government cannot afford to be seem to be weak in dealing with china obviously a higher power with government. over two hundred billion barrels of oil and large amounts of natural gas that's more than the vast majority of the world's energy rich nations have all hidden under the south china sea china claims most of the territory for itself but india has also managed to get access by buying a stake in a vietnamese gas field shortly after hanoi accuse chinese boats of sandwich dodging exploration india warned it's ready to use force to defend its interests hopefully as i said the trip not to lead to a longer term conflict but you know it's it's a new the inevitable because both these countries now large ambitions of becoming global actors and players both china and india have been pumping billions of u.s. dollars into their armies and navies holdin
as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be putting the two asian giants on a collision course because of the mess that nationalism the indian government cannot afford to be seem to be weak in dealing with china obviously a higher power with government. over two hundred billion barrels of oil and large amounts of natural gas that's more than the vast majority of the world's energy rich nations...
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Dec 5, 2012
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peaceful use of the nuclear energy and the other is the peaceful use for outer space. actually using outer space with the launch and show you the time of december. a little bit before december, south korea had time launch their own satellite. they delayed the launch and during the preparation, no one complained. no one criticized. whenever north korea did something with the missile launch, anyone in the international community cannot accept it. therefore some of them admit that north korea has a right to launch missiles into outer space. >> we are talking about two missiles. plus it's december, not the best of months. >> that's right. yeah. it's a quite unusual one. they strongly indicated that the 100 day hold to succeed, but they understand about the product because in the winter time and using the fuel is quite unstable and weather conditions are not so good. >> despite that they are willing to take the risk. >> that's right. yes because again -- the independent sovereignty are quite important. they are much more precious than the peace. even though they are 100 tod
peaceful use of the nuclear energy and the other is the peaceful use for outer space. actually using outer space with the launch and show you the time of december. a little bit before december, south korea had time launch their own satellite. they delayed the launch and during the preparation, no one complained. no one criticized. whenever north korea did something with the missile launch, anyone in the international community cannot accept it. therefore some of them admit that north korea has...
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Dec 11, 2012
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and alternative energy? >> the first thing i'd say is natural gas in and of itself is inherently greener than the current base so -- >> rose: but you are -- wind -- >> i think wind will continue. i think solar will still be part of the mix. you know, again, i've always advocated for very broad energy -- set of energy solutions. because you never are quite smart enough to figure out which one is going to break through the door at any given point in time. but clearly gas is going to be a bigger part of the mix in the united states going forward. globally -- japan doesn't have any gas so they've got to figure out post-fukushima what they do. europe has to figure out do they want to import gas from russia or build nuclear -- so everybody's got their own set of challenges. but i'm here to tell you this that this country-- unlike any other time in my lifetime-- has more options that are positive than ever before. >> rose: you're bullish on america? >> i think on the energy side for sure. and i'd say on the -- the
and alternative energy? >> the first thing i'd say is natural gas in and of itself is inherently greener than the current base so -- >> rose: but you are -- wind -- >> i think wind will continue. i think solar will still be part of the mix. you know, again, i've always advocated for very broad energy -- set of energy solutions. because you never are quite smart enough to figure out which one is going to break through the door at any given point in time. but clearly gas is...
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Dec 11, 2012
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energy policy has emerged as one of the biggest points of contention in this election. at the heart of the debate is the notion of health, both of people and the japanese economic. nhk world reports. >> reporter: ken has done everything he can think of it to save electricity. he understands what's at stake after what happened in fukushima. he's hoping he and his neighbors can reduce their dependence on nuclear power. >> translator: i'd like to see which politicians will take concrete steps to deal with nuclear power. i'll choose the one who shares my way of thinking. >> reporter: the fukushima disaster forced people in japan to think about where their energy comes from. nuclear power accounted for 26% of the supply before the accident. the government plans to raise that to 45% by 2030. japan has 54 nuclear reactors. the accident prompted operators to shut them down one by one for safety inspections. by this past may all of them were offline. but the people who ran the utilities feared they wouldn't be able to supply businesses and consumers with enough power during the
energy policy has emerged as one of the biggest points of contention in this election. at the heart of the debate is the notion of health, both of people and the japanese economic. nhk world reports. >> reporter: ken has done everything he can think of it to save electricity. he understands what's at stake after what happened in fukushima. he's hoping he and his neighbors can reduce their dependence on nuclear power. >> translator: i'd like to see which politicians will take...
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Dec 8, 2012
12/12
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with the lower cost of energy. but we need government to encourage these job opportunities, not continue to block them. a return to sound monetary policy would also help by making the future value of a dollar more predictable. and we must get the cost of health insurance under control. you should be able to get a health care plan that fits your needs and your budget, from any company in america that's willing to sell it to you, and with the same tax benefit if you buy it yourself or have an employer buy it for you. these ideas will help create middle class jobs. but we also have to make sure that our people have the skills to do these new jobs. and a limited government can help by promoting curriculum reform, teacher training and empowering parents with the freedom to choose their kids' school. our tax code should reward education investments the same way companies are encouraged to invest in equipment. let's encourage career, technical and vocational education, stop discriminating against online courses, encourage
with the lower cost of energy. but we need government to encourage these job opportunities, not continue to block them. a return to sound monetary policy would also help by making the future value of a dollar more predictable. and we must get the cost of health insurance under control. you should be able to get a health care plan that fits your needs and your budget, from any company in america that's willing to sell it to you, and with the same tax benefit if you buy it yourself or have an...
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Dec 11, 2012
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there's no doubt the energy sector hold the keys to iraq's reconstruction and the world energy supply. >> that's the latest in business headlines for this hour. here is a look at markets in the region. >>> they've told u.s. agencies that have exthe ended. the rocket will be carrying a satellite into orbit. the real goal is to test the long range missile technology. north korea's committee of space technology said engineers found a technical problem with the first stage of the three stage rocket. the committee announced it will extend the period for lauhing byne week. north korea said it will launch the rocket between december 6th and the 22nd. the international maritime organization, and the international telecommunication union said they were told of the extension on monday. the maritime and aviation bodies use it for flight trajection. they have not provided information about a satellite's frequency or orbit. the international community should take serious action against north korea if it goes ahead with the law firm. north korea domestic media have not reported the plan to launch a
there's no doubt the energy sector hold the keys to iraq's reconstruction and the world energy supply. >> that's the latest in business headlines for this hour. here is a look at markets in the region. >>> they've told u.s. agencies that have exthe ended. the rocket will be carrying a satellite into orbit. the real goal is to test the long range missile technology. north korea's committee of space technology said engineers found a technical problem with the first stage of the...
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senator richard lugar who believes it would help european countries lower their dependence on russian energy supplies so to discuss this in more detail let's cross over to the business that's got. there waiting for us on top of this story so if possible would allow u.s. deaths exports to european nato member countries through a nato members all located in europe is that will threat to russia that well not necessarily even if the federal regulators approve this and keep in mind it can't really be done without this approval because the nato countries in europe are not really free trade partners of the united states at the moment but even if the federal regulators give green light to this initiative it doesn't really make any sense for the united states itself now politics aside for a second the economics don't really add up thanks to the shale gas revolution the united states just recently became import independent and now sending cheap american gas overseas would naturally boost domestic prices essentially jeopardizing the whole manufacturing revival experts both here in russia and abroad sup
senator richard lugar who believes it would help european countries lower their dependence on russian energy supplies so to discuss this in more detail let's cross over to the business that's got. there waiting for us on top of this story so if possible would allow u.s. deaths exports to european nato member countries through a nato members all located in europe is that will threat to russia that well not necessarily even if the federal regulators approve this and keep in mind it can't really...
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the sand up the pipeline will be owned by russian energy giant gazprom the fastest but its least germany however may need to europa question whether this project is different media critics say that a whopping twenty billion dollars cost for a pipeline is way too much especially in current times of economic recession but it seems these fears are not enough to stop a project like this is the big question will be hoping beyond choppy waters to face our own very c.e.o. they will be going directly and well back to our top story the tens of thousands of people protesting against egypt mohamed morsi alcide his presidential palace in cairo for more on this we're joined from the scene the boy reporter true about what exactly happened how did the crowds make it past the barricades in truth the presidential palace area. we saw what is cryonics. to storm the republican guards barricades and flooded into the streets outside the presidential palace where they are now as you can probably see behind me there are hundreds and thousands of protesters who met in the middle because there's a barricades on e
the sand up the pipeline will be owned by russian energy giant gazprom the fastest but its least germany however may need to europa question whether this project is different media critics say that a whopping twenty billion dollars cost for a pipeline is way too much especially in current times of economic recession but it seems these fears are not enough to stop a project like this is the big question will be hoping beyond choppy waters to face our own very c.e.o. they will be going directly...
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will find a mechanism to discuss all the disputes it's basically about oil and gas it's always about energy so who's going to exploit water. so they're going to sell his brother in the china sea. no it's not i hope i'm right it's it's it's so odd to we we are getting from the political leadership from these southeast asian nations and also from the chinese as china doesn't want a confrontation with the south east southeast these especially because most of these countries if not all of them their major trading partner is guess it china of course you would probably already know the reference currency all over southeast asia nowadays it's not the us dollar anymore it's the you one and now you can change it you one virtually everywhere even in a shopping mall in bangkok for that matter so it's going to be the future reference carus and trade between china is going to grow exponentially so there's no need for a war what do we have is a competition for a gemini between china india and the us it involves not only the south china sea but this whole arc that goes from the arabian sea across the sout
will find a mechanism to discuss all the disputes it's basically about oil and gas it's always about energy so who's going to exploit water. so they're going to sell his brother in the china sea. no it's not i hope i'm right it's it's it's so odd to we we are getting from the political leadership from these southeast asian nations and also from the chinese as china doesn't want a confrontation with the south east southeast these especially because most of these countries if not all of them...
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is now officially under construction the project brings together europe's biggest energy. russian gas pump straight to the continent. reports all of the. sun the sun. their holiday and now this also becoming. the start of the construction of one of the most uncertain. systems on earth no surprise there are plenty of. breaking sermon. the importance being placed on the i checked preston. here to be. red. to bulgaria and on to greece and austria the project was dreamed up to the idea the more the man not the was the mo pump the more secure the delivery to customers will be now it's a need that arose after transit countries ukraine and particularly disrupted delivery on a number of occasions and the pots to fifty percent of the pipeline will be owned by russian energy giant gazprom the rest us but with its lead france and germany however may need euro question whether this project is even needed critics say that a whopping twenty billion dollars cost for a pipeline is way too much especially in current times of economic recession but it seems these fears are not enough to sto
is now officially under construction the project brings together europe's biggest energy. russian gas pump straight to the continent. reports all of the. sun the sun. their holiday and now this also becoming. the start of the construction of one of the most uncertain. systems on earth no surprise there are plenty of. breaking sermon. the importance being placed on the i checked preston. here to be. red. to bulgaria and on to greece and austria the project was dreamed up to the idea the more the...
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for an energy rich country, it pays the same as those in japan. liz: what would be the effect if this actually happened, if we started exporting if prices started to go up? >> at the end of the day the company will be fine. let the price of gas reaches the price of oil, then the investment that are on the books, $90 billion of other people's investment will disappear. that would be a tragedy in terms of job creation for this country. i don't think we should let that happen. liz: you cannot please all the people all the time, andrew. m exporting this research help the u.s. economy and help your customers in a better position to buy more of what you make? >> i would say to you, that is not a dow chemical conversation. that is a conversation for the country. if that does not get the right structure in this country, we will go to countries where we can and we do. liz: if they got approval, would you pull that texas investment. >> we can see exports coming out of this country off to a certain amount without affecting the price. one terminal does not cr
for an energy rich country, it pays the same as those in japan. liz: what would be the effect if this actually happened, if we started exporting if prices started to go up? >> at the end of the day the company will be fine. let the price of gas reaches the price of oil, then the investment that are on the books, $90 billion of other people's investment will disappear. that would be a tragedy in terms of job creation for this country. i don't think we should let that happen. liz: you...
WHUT (Howard University Television)
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Dec 6, 2012
12/12
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energy department released the report on wednesday. it says the export of shale gas and other natural gas products would raise energy prices, but it would help the economy overall. the government is now ready to examine whether to give the go-ahead to export projects. a number of energy firms hope to export natural gas as the surge in shale gas output pushes domestic gas prices sharply lower. now, the export plans include business with japan's electric and gas utilities, japanese energy firms have had to increase their use of thermal power plants since the nuclear accident, and they are pretty keen now to buy cheaper u.s. gas. >>> let's get a check of the markets now, starting in europe, where stocks are trading higher. this is on fresh hopes that u.s. politicians will be able to clinch a deal to avoid that fiscal cliff. london's ftse 100 is up right now by 0.2%. we see the frankfurt market moving ahead, up about a percent. paris's cac 40 seeing gains of 0.3%. earlier in asian trading, share prices were largely mixed. there was some pr
energy department released the report on wednesday. it says the export of shale gas and other natural gas products would raise energy prices, but it would help the economy overall. the government is now ready to examine whether to give the go-ahead to export projects. a number of energy firms hope to export natural gas as the surge in shale gas output pushes domestic gas prices sharply lower. now, the export plans include business with japan's electric and gas utilities, japanese energy firms...
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that's dogging every pipeline project destined for the european union and that's this so-called third energy package it for bid suppliers from also owning the transportation networks meaning of course the pipelines and that's exactly what gazprom was planning on doing in this project so it's not a surprise that gazprom is adamantly against these provisions. of. fields that somebody believes or so but again should. compete you should start. before the market for the next for pipeline for its part the european commission really insists that the south stream odors before launching their pipeline will have to guarantee independent companies unrestricted access to the pipeline i had a chance to discuss this issue with the head of the international energy agency earlier this week i think it's absolutely necessary that the issue of seoul stand you know in russia's interest in a single market who wants to be a big player on this market so that means that you have to learn to to play according to the rules but of course i'm not a negotiator and so it depends on the negotiations between russia and to.
that's dogging every pipeline project destined for the european union and that's this so-called third energy package it for bid suppliers from also owning the transportation networks meaning of course the pipelines and that's exactly what gazprom was planning on doing in this project so it's not a surprise that gazprom is adamantly against these provisions. of. fields that somebody believes or so but again should. compete you should start. before the market for the next for pipeline for its...
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Dec 13, 2012
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we need to provide it for energy security. many nations we buy oil from are anna l anathetical to the american way of democracy. we are fighting our enemies and it could end in the foreseeable future. but there is a second component that should have you steamed it had me steamed almost as much as my outrage at the fiscal cliff discussion in washington. i had to use the term fiscal cliff. hadn't used it yet in this piece. i'm talking about the skaunterred opportunity in natural gas. he was quite bullish in the price of oil. chinese keep it up. we have an umbrella that makes it worth our while to get hard to get oil. as plentiful as oil is, there is a gigantic glut for natural gas, and the opposite of oil, all papas talked. more nat gas than we know what to do with. we have no place to put it and not enough places to use it. and natural gas isn't fungible. it costs fortunes to transport overseas and barely economical when transported overseas. the best use is in this country. and we need to harness natural gas to make product mo
we need to provide it for energy security. many nations we buy oil from are anna l anathetical to the american way of democracy. we are fighting our enemies and it could end in the foreseeable future. but there is a second component that should have you steamed it had me steamed almost as much as my outrage at the fiscal cliff discussion in washington. i had to use the term fiscal cliff. hadn't used it yet in this piece. i'm talking about the skaunterred opportunity in natural gas. he was quite...
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Dec 6, 2012
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energy department released the report on wednesday. it says the export of shale gas and other natural gas products would raise energy prices but would help the economy overall. the government is now ready to examine whether to give the go-ahead to export projects. a number of energy firms hope to export natural gas as the surge in shale gas output pushes domestic gas prices sharply lower. >>> the export plans include business with japan's electric and gas utilities. japanese energy firms have had to increase their use of thermal power plants since the nuclear accident and are keen to buy cheaper u.s. gas. officials at japan's transport ministry have ordered airlines to inspect boeing passenger jets. they say state-of-the-art 787 dreamliners have had problems with their fuel lines. the emergency order followed a fuel leak in october involving a 787 flown by all nippon airways. workers at boeing found that fuel line connectors designed to prevent leaks were not installed on that plane. officials at all nippon airways and japan airlines s
energy department released the report on wednesday. it says the export of shale gas and other natural gas products would raise energy prices but would help the economy overall. the government is now ready to examine whether to give the go-ahead to export projects. a number of energy firms hope to export natural gas as the surge in shale gas output pushes domestic gas prices sharply lower. >>> the export plans include business with japan's electric and gas utilities. japanese energy...
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Dec 12, 2012
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america's on track to become one of the world's top energy producers. and eog resources has been leading the way in some of the country's largest finds. can this oily play continue to produce slick gains? cramer drills down in his exclusive with the ceo. and later, overpowering? e tunes have been on a role since announcing its acquisition of grant cooper industries. now that the deal is closed can this stock still light light up the sticker or is it time to pug the plug? don't miss cramer's exclusive with the ceo all coming up on "mad money." >> don't miss a second of "mad money." follow jim cramer on twitter. have a question? #madtweets. send jim an e-mail to mad money at cnbc.com. or call us at 1-800-743-cnbc. head to madmoney.cnbc.com. ♪ [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs.
america's on track to become one of the world's top energy producers. and eog resources has been leading the way in some of the country's largest finds. can this oily play continue to produce slick gains? cramer drills down in his exclusive with the ceo. and later, overpowering? e tunes have been on a role since announcing its acquisition of grant cooper industries. now that the deal is closed can this stock still light light up the sticker or is it time to pug the plug? don't miss cramer's...
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Dec 13, 2012
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now with the power vacuum suck middle east energy security into the chaos? we'll get answers next. >>> plus didn't think the government could throw money away into the wind and out to sea at the same time? oh, how wrong you are. details on a big new venture backed, by yes, your tax dollars. more "money" come being up ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it iso ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. sandra: is the syrian uprising taking a momentous turn? last threads of support for president assad looks to be unraveling. for the first time the russian government, one of as
now with the power vacuum suck middle east energy security into the chaos? we'll get answers next. >>> plus didn't think the government could throw money away into the wind and out to sea at the same time? oh, how wrong you are. details on a big new venture backed, by yes, your tax dollars. more "money" come being up ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it iso ride. get the mercedes-benz on your wish list at the winter event going on now through december...
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britain that could buy credible amounts of investment in really industrial development sustainable energy investment things that would really work to regenerate our economy yet the chancellor is tinkering around the edges our government needs to address these problems it's elected by the people to provide services for the people to make our country run properly it's not a government that's been elected to help the big corporations we have to see a change here and turning to some other international news in brief this hour at least eight people have been killed after a five point five magnitude earthquake hit eastern iran needs border with afghanistan there are three as the number of casualties could rise as emergency workers struggle to rescue those who was trapped under rubble the quake was caused to devastate has caused devastation to more than a dozen villagers demanding buildings and causing damage in buildings and cutting power lines that. which has been battering the philippines for the last two days has left almost three hundred and fifty dead this storm moved out of populated area
britain that could buy credible amounts of investment in really industrial development sustainable energy investment things that would really work to regenerate our economy yet the chancellor is tinkering around the edges our government needs to address these problems it's elected by the people to provide services for the people to make our country run properly it's not a government that's been elected to help the big corporations we have to see a change here and turning to some other...
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Dec 13, 2012
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economy. >> thank you for all you've done to make the continent more energy independent. i thank you for being on the show, mark papa. >> thank you, jim. >> okay. that's mark papa, the chairman and ceo of eog resources. this man has found more oil for his shareholders than any other company i follow which is why it's been a great producer for not just oil but also for profits in the stock market. i'll try to make you more money. >>> coming up, overpowering? eaton's been on a roll since announcing acquisition of cooper industries. now that the deal is closed can this stock still light up the ticker? or is it time to pull the plug? don't miss cramer's exclusive with the ceo. >>> lately the industrials have been coming back with a vengeance. today we got news of a host of industrials. big mines, reporting much better than expected future quarters, even though this was just okay. cummins, truck engine company announced a billion dollar buy back. dupont surprisingly bullish global gdp forecast for 2013. the fact we like the tide turning for this cohort, we tend to own the stoc
economy. >> thank you for all you've done to make the continent more energy independent. i thank you for being on the show, mark papa. >> thank you, jim. >> okay. that's mark papa, the chairman and ceo of eog resources. this man has found more oil for his shareholders than any other company i follow which is why it's been a great producer for not just oil but also for profits in the stock market. i'll try to make you more money. >>> coming up, overpowering? eaton's...
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Dec 10, 2012
12/12
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energy revolution run its course. it might save us yet. let our entrepreneurs and workers face new directions and an american renaissance may be just ahead. by all means, let's hear no more talk of decline and decadence, the end of america, and all the rest. we have nothing to lose but our gains. there is a revolution to be one. let's get started. [applause] thank you. >> thank you very much for a thought-provoking lecture. we will now turn to your questions. after jim takes a few of your questions, we will have a reception in the lobby. there's already one in the back. >> fire away. >> thank you for that presentation. i'm a hillsdale graduate and a writer with the "washington free beacon. much has been made of the republican loss in 2012. do you think the next regime party could be a renovated republican party where we take the loss of 2012 and change everything around or do you think the democrats will learn from some of their errors in the past and reform their party? see that far into the future. i was not surpris
energy revolution run its course. it might save us yet. let our entrepreneurs and workers face new directions and an american renaissance may be just ahead. by all means, let's hear no more talk of decline and decadence, the end of america, and all the rest. we have nothing to lose but our gains. there is a revolution to be one. let's get started. [applause] thank you. >> thank you very much for a thought-provoking lecture. we will now turn to your questions. after jim takes a few of your...
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Dec 5, 2012
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the department doesn't believe going over the cliff will stifle energy command. today is the first day when the group got any lift at all. so what do we do? people are worried the economy is slowing because of the cliff. so what do we do? is it game over for equities should i take my -- hall of fame today and just go home? no, no, no. let me first say absolutely not. we simply have to get eveninger to a cliff resolution or to a situation where no one expects resolution. going with the latter, hey, that is new. let me walk you through here. today last week. last week, genuine hope a deal would get done. today, last week. if you recall, we heard from a host of executives. they met with the president. came out, the mic in their faces. they felt like compromise was in the air. compromise was real, imminent. even heard from the always skeptical ceo of goldman sachs. far apart. it could be hammered out without real difficulty if it were in the private sector. behind the scene, from skeptical to more positive. when i heard those execs touch base with them and spoke with
the department doesn't believe going over the cliff will stifle energy command. today is the first day when the group got any lift at all. so what do we do? people are worried the economy is slowing because of the cliff. so what do we do? is it game over for equities should i take my -- hall of fame today and just go home? no, no, no. let me first say absolutely not. we simply have to get eveninger to a cliff resolution or to a situation where no one expects resolution. going with the latter,...
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Dec 7, 2012
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price of energy, energy being gasoline, natural gas and home heating fuels. and then education follows that. so when you move away from what washington, to what i'm most concerned about, this is the to do list people are very interested in. looking at that graph, the ones the most important, social security and medicare, most important of those over 50, democrats and independents, white households and then you look down and interestingly education, affordability and outcomes number one, young, 18-29 african-americans and hispanics. finally, we asked people, and when it comes to getting country's finances under control, how effective do you think each of the following would be at reducing the debt, reducing the deficit, cutting the national debt? what would be effective? increasing taxes to american families making over $250,000 a year was the number one response at 76%. reducing taxes to spur economic growth and jobs 73%. reducing spending on military and national defense, number three. increasing taxes on all americans. majority of americans, reducing spendi
price of energy, energy being gasoline, natural gas and home heating fuels. and then education follows that. so when you move away from what washington, to what i'm most concerned about, this is the to do list people are very interested in. looking at that graph, the ones the most important, social security and medicare, most important of those over 50, democrats and independents, white households and then you look down and interestingly education, affordability and outcomes number one, young,...
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britain that could buy credible amounts of investment in really industrial development sustainable energy investment things that would really work to regenerate our economy yet the chancellor is tinkering around the edges our government needs to address these problems it's elected by the people to provide services for the people to make our country run properly it's not a government that's been elected to help the big corporations we have to see a change here. turning to some other international news the brave typhoon which has been battering the philippines for the last two days has left almost three hundred fifty dead this storm moved out of populated areas need down once a day tens of thousands fled their homes as the heavy rains and the winds of what across southern and central regions of the country cutting off power into entire province says rescue teams have been working in the west hit areas but it's feared the number of casualties will write. at least eight people have been wounded in a blast outside a military base in nairobi and a bomb hidden underground exploded exploded in a
britain that could buy credible amounts of investment in really industrial development sustainable energy investment things that would really work to regenerate our economy yet the chancellor is tinkering around the edges our government needs to address these problems it's elected by the people to provide services for the people to make our country run properly it's not a government that's been elected to help the big corporations we have to see a change here. turning to some other...
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listen to what our own steve weiss said about consol energy. >> i like the mixture of gas, nat gas and also coal. i think that's still a very attractive name to play an much less tied to the cold cycle than some of the other companies. >> well, those shares have lost some energy since then. about 6%. getting a little bit of a bounce today as you can see. yesterday, weiss, that's going through your mind? i see that rye smile on your face? >> i should have called in sick today. here's the deal. i was there early on, i was wrong. down 6% is not bad but there is a lot worse just a couple weeks ago when it was down 12% from where i bought it. so it's recovering. >> you like it? >> i do like it. i own it still. i have shaved part of my position but i still own most of it. i went wrong thinking nat gas would help it more than it did. nat gas is only 20% of the company. other 80% is coal and i hate coal so i shouldn't have done it. i think the news in nat gas today is good news in potentially opening up for sale lng. >>> let's see what seema mody's working on? >> tons of special dividends bein
listen to what our own steve weiss said about consol energy. >> i like the mixture of gas, nat gas and also coal. i think that's still a very attractive name to play an much less tied to the cold cycle than some of the other companies. >> well, those shares have lost some energy since then. about 6%. getting a little bit of a bounce today as you can see. yesterday, weiss, that's going through your mind? i see that rye smile on your face? >> i should have called in sick today....